Michigan’s per capita GDP growth between 2015 and 2016 ranked seventh in the nation, higher than the “Top Ten” average and all but three “Top Ten” states. However, Michigan’s overall per capita GDP level remained below the “Top Ten” average and all of its peers except for North Carolina, Alabama, and Tennessee. 

What It Is: Total amount of goods and services produced by private industries in the state, adjusted for inflation and changes in relative prices, divided by population.

Why It Matters: Higher private sector GDP per capita is one of the primary measures of a region’s economic strength.

Per Capita GDP Trends

Per Capita GDP Standings

Source: Bureau of Economic Analysis (Real GDP in 2009 Chained Dollars)